Last data update: 2014.03.03
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R: LOSS and ALAE Insurance Data
LOSS and ALAE Insurance Data
Description
Indemnity payment and allocated loss adjustment expense from an insurance
company.
Usage
data(loss)
Format
A data frame with 1500 observations of the following 4 variables:
loss a numeric vector of loss amount up to the limit .
alae a numeric vector of the corresponding allocated loss
adjustment expense.
limit a numeric vector of limit (-99 means no limit).
censored 1 means censored (limit reached) and 0 otherwise.
References
Frees, E. and Valdez, E. (1998). Understanding relationships using
copulas. North American Actuarial Journal 2, 1–25.
Examples
data(loss)
Results
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